The Source for Cyber Insurance News, Insights and Data
CYGNVS has introduced a new AI-powered platform designed to help organizations improve their incident response and cyber readiness. The CYGNVS AI model uses data from over 20,000 real-world cyber incidents to support quicker, more informed decisions during a crisis. AI Built On Real-World Incident Data The new system brings together CYGNVS’s own incident response data … Read more
Organizations are dealing with higher costs from third-party risks, ongoing ransomware attacks, and more frequent technology failures. A new Marsh report warns that 2026 could be especially challenging as attackers become more aggressive and supply-chain issues worsen. The Cyber Catalyst Report, which surveyed over 2,200 cyber risk leaders in 20 countries, highlights these growing threats … Read more
“Marsh is uniquely positioned to support clients with the risk and insurance solutions needed at every stage.” Sam Tiltman, Marsh Global Data Center Insurance and Risk Management Services Marsh has launched a new service offering Data Center Insurance and Risk Management Services to support clients across the global digital infrastructure lifecycle. Meeting Growing Industry Needs … Read more
Cyber Claims in the UK See Second-Highest Spike on Record The UK cyber insurance market faced intense pressure in 2024. Marsh’s new cyber insurance report states that claims volumes hit the second-highest level ever. Although 2024 claims were 20% lower than 2023, they remained one-third higher than in 2020–2022. Ransomware attacks, supply chain breaches, and … Read more
Marsh Unveils CyberShore Bermuda Cyber Insurance Facility Marsh has launched CyberShore Bermuda, a new cyber insurance facility offering $30 million in excess Bermuda capacity. The facility targets coverage layers above $75 million. It provides follow-form excess coverage that aligns with existing cyber insurance programs. Claims Enhancement Streamlines Process A standout feature is the claims enhancement. … Read more